B-1241 (C1&2) Projections for Planning Purposes Only Not to be Used without Updating after October 15, 2004 Table 21.A Estimated costs and returns per Acre Soybeans, Roundup Ready, Furrow Irr. (Natural Gas) 2005 Projected Costs and Returns per Acre _______________________________________________________________________ ITEM UNIT PRICE QUANTITY AMOUNT YOUR FARM _______________________________________________________________________ dollars dollars INCOME soybean bu. 4.91 50.0000 245.50 _________ -------TOTAL INCOME 245.50 _________ DIRECT EXPENSES SEED seed - soybean FERTILIZER fert(P) - dry CUSTOM herb+appl - soybean1 insec+appl-soybeans harv & haul - soybea OPERATOR LABOR Implements Tractors HAND LABOR Implements IRRIGATION LABOR irrigation - nat.gas DIESEL FUEL Tractors GASOLINE Self-Propelled Eq. NATURAL GAS irrigation - nat.gas REPAIR & MAINTENANCE Implements Tractors Self-Propelled Eq. irrigation - nat.gas INTEREST ON OP. CAP. lb. 0.50 60.0000 30.00 _________ lb. 0.27 45.0000 12.15 _________ acre acre bu. 11.63 10.24 0.33 2.0000 0.5000 50.0000 23.26 5.12 16.50 _________ _________ _________ hour hour 8.00 8.00 0.9500 0.9444 7.60 7.55 _________ _________ hour 8.00 0.1527 1.22 _________ hour 8.00 2.6695 21.35 _________ gal 1.73 4.8363 8.36 _________ gal 1.83 0.1005 0.18 _________ Mcf 7.00 19.0000 133.00 _________ 8.41 10.45 0.00 1.80 7.69 1.0000 1.0000 1.0000 19.0000 1.0000 8.41 10.45 0.00 34.20 7.69 -------327.08 -81.58 _________ _________ _________ _________ _________ 14.98 15.90 0.01 24.62 -------55.51 -------382.60 -137.10 _________ _________ _________ _________ Acre Acre Acre ac-in Acre TOTAL DIRECT EXPENSES RETURNS ABOVE DIRECT EXPENSES FIXED EXPENSES Implements Tractors Self-Propelled Eq. irrigation - nat.gas Acre Acre Acre Acre 14.98 15.90 0.01 24.62 TOTAL FIXED EXPENSES TOTAL SPECIFIED EXPENSES RETURNS ABOVE TOTAL SPECIFIED EXPENSES 1.0000 1.0000 1.0000 1.0000 _________ _________ _________ _________ _________ ALLOCATED COST ITEMS cash rent- soybeans acre 45.00 1.0000 45.00 _________ RESIDUAL RETURNS -182.10 _________ _______________________________________________________________________ Projections for Planning Purposes Only. Information presented is prepared solely as a general guide and is not intended to recognize or predict the costs and returns from any one particular farm or ranch operation. These projections were collected and developed by staff members of Texas Cooperative Extension and approved for publication B-1241 (C1&2) Projections for Planning Purposes Only Not to be Used without Updating after October 15, 2004 Table 20.B Estimated resource use and costs for field operations, per Acre Sorghum, Sprinkler Irrigated, (Sandy Soils) 2005 Projected Costs and Returns per Acre _____________________________________________________________________________________________________________________________________________ TRACTOR COST EQUIP COST ALLOC LABOR OPERATING INPUT OPERATION/ SIZE/ TRACTOR PERF TIMES -------------- -------------- ---------------------------------TOTAL OPERATING INPUT UNIT SIZE RATE OVER MTH DIRECT FIXED DIRECT FIXED HOURS COST AMOUNT PRICE COST COST _____________________________________________________________________________________________________________________________________________ ------------dollars----------dollars -------dollars-------shredder 4 row chisel disc tandem disc tandem Pickup Truck 3/4 ton fert(P) - dry lb. fert(N) - dry lb. fert appl - dry acre field cultivator 35 ft planter bed seed - sorghum lb. herb+appl - soghum acre irrig.-CP(nat. gas) ac-in sand fighter cultivator 8 row irrig.-CP(nat. gas) ac-in irrig.-CP(nat. gas) ac-in irrig.-CP(nat. gas) ac-in insec+appl - sorghum appl irrig.-CP(nat. gas) ac-in cust harv - sorghumi cwt. cust haul - sorghumi cwt. 40 125 100 100 0.209 1.00 0.099 0.30 0.138 1.00 0.138 1.00 0.006 35.00 1.00 Dec Dec Feb Mar Mar Apr 2.29 0.82 3.13 3.13 1.75 0.76 2.96 2.96 0.80 0.20 1.52 1.52 6.72 2.41 0.35 2.27 2.27 0.45 0.460 0.065 0.303 0.303 3.68 0.52 2.42 2.42 10.95 2.67 12.32 12.32 7.18 60.0000 0.27 16.20 16.20 120.0000 0.31 37.20 37.20 1.0000 3.30 3.30 3.30 150 0.065 1.00 May 1.62 1.20 0.75 1.38 0.143 1.15 6.11 75 0.152 1.00 May 2.44 1.82 2.51 4.29 0.305 2.44 13.52 6.0000 1.21 7.26 7.26 1.00 May 1.0000 18.66 18.66 18.66 1.00 May 27.09 33.60 0.192 1.53 3.0000 62.22 40 0.057 0.50 Jun 0.31 0.23 0.09 0.14 0.062 0.50 1.29 75 0.118 1.00 Jun 1.88 1.41 2.01 3.01 0.259 2.07 10.41 27.09 0.192 1.53 3.0000 28.62 1.00 Jul 27.09 0.192 1.53 3.0000 28.62 1.00 Jul 27.09 0.192 1.53 3.0000 28.62 0.3300 13.00 4.29 4.29 1.00 Aug 27.09 0.192 1.53 3.0000 28.62 1.00 Oct 55.0000 0.33 18.15 18.15 55.0000 0.28 15.40 15.40 ------- ------- ------- ------- ------ ------------- ------TOTALS 15.64 13.12 151.63 50.22 2.865 22.92 120.46 374.00 INTEREST ON OPERATING CAPITAL 8.66 UNALLOCATED LABOR 0.00 TOTAL SPECIFIED COST 382.67 _____________________________________________________________________________________________________________________________________________ Projections for Planning Purposes Only. Information presented is prepared solely as a general guide and is not intended to recognize or predict the costs and returns from any one particular farm or ranch operation. These projections were collected and developed by staff members of Texas Cooperative Extension and approved for publication